Trust Wallet Chrome Extension Breach Caused $7 Million Crypto Loss via Malicious Code

Trust Wallet has urged users to update their Chrome extension to prevent further losses after a security incident affected about $7 million worth of digital assets. The breach involved malicious code in version 2.68, which allowed hackers to extract wallet mnemonics and drain funds, possibly by insiders or nation-state actors. #TrustWallet #SlowMist #ZachXBT #PostHog #CryptoTheft

Keypoints

Trust Wallet’s Chrome extension version 2.68 was compromised by malicious code.
The attack led to the theft of approximately $7 million in cryptocurrencies.
Hackers used a backdoor in the app’s own code and exfiltrated data via an analytics library.
Coins stolen include Bitcoin, Ethereum, and Solana, with much moved to exchanges.
The incident suggests possible insider involvement or nation-state actor interference.